Foreign tax credit


 

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Foreign tax credit

Home country credit against domestic income tax. Received in return for foreign taxes paid on foreign derived earnings.



Foreign tax credit

Similar Matches

Foreign currency futures contract

Foreign currency futures contract

Standardized and easily transferable obligation between two parties to exchange currencies at a specified rate during a specified delivery month; standardized contract on specified underlying currencies, in multiples of standard amounts. Purchased and traded on a regulated exchange on which margins are posted.


Forward foreign exchange contract

Forward foreign exchange contract

Agreement that obligates an investor to deliver a specified quantity of one currency in return for a specified amount of another currency.


Foreign corporation

Foreign corporation

A corporation conducting business in another country from the one it is chartered in and that abides by the laws of another country. See: Alien corporation.


Foreign trade zone

Foreign trade zone

An area within a country where imported goods can be stored or processed without being subject to import duty. Also called a "free zone," "free port," or "bonded warehouse."


Forward foreign exchange rate

Forward foreign exchange rate

The exchange rate available today to exchange currency at some specified date in the future.


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Foreign bond market
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foreign exchange
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Foreign Corrupt Practices Act
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Foreign Direct Investment
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Foreign investment risk matrix (FIRM)
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Foreign Credit Insurance Association (FCIA)
Foreign public borrower
Net foreign asset position


 
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